How protected are you if the brokerage firm where you hold your stocks, bonds, and crypto assets files for bankruptcy? Why you shouldn't store your crypto assets with an online broker.
Topics covered include:
- How traditional brokerage firms protect their client assets in case of bankruptucy
- How cryptocurrency brokers, such as Voyager, mistreat their clients in bankruptcy proceedings
- What is the safest way to hold cryptocurrency
For more information on this episode click here.
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Show Notes
Voyager To Acquire Circle Invest Retail Digital Asset Business From Circle Internet Financial—Cision
Welcome, Circle Invest! Voyager Acquires Circle Invest's Retail Customers—Voyager
Crypto lender Voyager Digital files for bankruptcy by Shivam Patel, Sinead Cruise, and Tom Wilson—Reuters
Crypto lender Voyager addresses customer anger in first bankruptcy hearing by Dietrich Knauth—Reuters
If a Brokerage Firm Closes Its Doors—FINRA
Crypto Broker Voyager Digital Says Three Arrows Capital Hasn’t Repaid $666 Million in Loans by Vicky Ge Huang—The Wall Street Journal
From $10 billion to zero: How a crypto hedge fund collapsed and dragged many investors down with it by MacKenzie Sigalos—NCBC
Ropes & Gray
Update on Customer USD and Crypto—Voyager
Investors lament potentially lost ‘millions’ on Voyager bankruptcy by Brian Quarmby—Cointelegraph
Coinbase Quarterly Report
CFTC Charges MF Global Inc., MF Global Holdings Ltd., Former CEO Jon S. Corzine, and Former Employee Edith O’Brien for MF Global’s Unlawful Misuse of Nearly One Billion Dollars of Customer Funds and Related Violations—Commodity Futures Trading Commission
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